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paceSECTIONSIndia raises $73 bn in forex inflows at record paceET BureauLast Updated: Aug 25, 2026, 12:44:00 AM ISTRate
StoryFollow usShareFont SizeAbcSmallAbcMediumAbcLargeSavePrintCommentSynopsisIndia has mobilised $73 billion in foreign
exchange inflows in less than 11 weeks, surpassing the scale and pace of the RBI’s 2013 FCNR(B) swap scheme, the
finance ministry said.Listen to this article in summarized format Listen Loading...×× Subscribe to Unlock AI
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StoriesDaily ePaper AccessSmart Market ToolsCurated Investment IdeasAd-lite Experience SubscriptionANIIndia has
mobilised total foreign exchange inflows of $73 billion in less than 11 weeks, in the largest and fastest-ever
foreign-currency mobilisation exercises undertaken globally.The finance ministry said, in a statement, that by securing
large-scale, long-term non-resident deposits and commercial institutional funding entirely on tap, the government has
fortified its external buffers with maximum cost-efficiency.ALSO READ | Full flow FCNR deposits could hit $100 billion,
beat estimates"This has comfortably surpassed the scale and pace of the RBI's 2013 FCNR(B) swap scheme, which had raised
about $26 billion over roughly three months," the ministry said, adding with still another week left for the scheme to
run, it is poised to become the largest and fastest foreign-currency mobilisation exercises in the world."FCNR(B)
deposits alone accounted for $65.40 billion, underlining the overwhelming response of Non-Resident Indians to the
scheme," it said.Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times
WhatsApp channel)Read More News onIndia foreign exchange inflowsNRIs FCNR(B) depositsIndia finance ministryRBI 2013
FCNR(B) swap schemeforeign investment India (You can now subscribe to our Economic Times WhatsApp channel)Read More News
onIndia foreign exchange inflowsNRIs FCNR(B) depositsIndia finance ministryRBI 2013 FCNR(B) swap schemeforeign
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